Tag Archives: project cost overruns

(November 14, 2012) The longs delays and major cost overruns associated with the Point Lepreau nuclear power plant refurbishment, due for completion this fall, underscore the risks associated with nuclear technology, says Energy Probe’s Norm Rubin. “Because it’s nuclear it is inherently hazardous and everything has to go right … every kind of small boo-boo turns into a megaproject boo-boo,” said Rubin, who also notes that the peculiar nature of some of the refurbishment project’s problems has “turned this thing into a laughing stock … like dropping a turbine into the ocean.” Continue reading →